Match the phrase that follows with the term (a-e) it describes. Clear All shows expected results at several activity levels master budget integrated set of operating and financing budgets for a period of time flexible budget estimates the number of units to be manufactured to meet sales and inventory levels static budget shows expected results at only one activity level sales budget begins by estimating the quantity of sales production budget Match each phrase that follows with the term (a-f) it describes.. Clear All a plan that shows the expected cash inflows and outflows during the budget period, including receipts from loans needed to maintain a minimum cash balance and repayments of such loans capital expenditures budget sales budget plans an important role for organizations in planning, directing, and controlling a company's future goals production budget a plan showing the units of goods to be sold and the sales to be derived; usually the starting point in the budgeting process budget an accounting report that presents predicted amounts of the company's assets, liabilities, and equity as of the end of the budget period cash budget a plan showing the number of units to be produced each month budgeted balance sheet a plan that lists dollar amounts to be both spent on purchasing additional pant assets to carry out the budgeted business activities